Erdem, OrhanArık, EvrenYüksel, Serkan2021-02-252021-02-252014-121308-46581300-610Xhttps://hdl.handle.net/11411/3300https://doi.org/10.3848/iif.2014.345.4207We explore the return performance of individual investors with respect to various factors such as portfolio size, turnover, holding period and also demographic factors: gender and age. We examine the daily trades in Borsa Istanbul (formerly Istanbul Stock Exchange) of 20,000 individual investors over the two year period 2011-2012. Utilizing a weekly data set, we bring new evidence to the current debates on individual investors' trading patterns. Our findings can be summarized as follows: There is a positive relationship between holding period and return up to a certain level. The return of the individual portfolio is positively correlated with the portfolio size. Almost 70% of all individual investors cannot beat the market. Investors who have high turnover underperform compared to those who have lower turnover. Male investors trade more and lose more vis-a-vis the female and older investors have higher returns.eninfo:eu-repo/semantics/openAccessIndividual InvestorTurnoverPortfolio SizeStock ReturnsHolding PeriodArticle10.3848/iif.2014.345.4207Q4WOS:000345974500003